Events

ISLAMIC FINANCE IN INDONESIA

Indonesia is the world’s most populous Muslim nation, but it lags other jurisdictions in developing its Islamic finance industry. In 2017, one estimate showed Islamic finance accounted for only about 5% of the country’s total financial services, although this situation is gradually changing. Indeed, over the past 12 months, the Indonesian government has been developing its Islamic finance capability. For instance, in July 2017, Indonesian president Joko Widodo inaugurated the National Committee for Shariah Finance, or KNKS to give its abbreviated Indonesian name. The establishment of KNKS is part of the government-led push to promote Indonesia as a global financial centre for the Islamic finance industry. This comes as the Financial Services Authority (OJK) launched last year a road map designed to develop Islamic finance in Indonesia over a three-year period. This road map aims to create a sustainable Islamic financial services industry that can compete with traditional financial services in Indonesia. The road map was also drafted to address challenges related to developing the Shariah financial industry, including small market share, limited diversity of products and the need to raise Shariah financial literacy. This year, Indonesia demonstrated leadership in promoting Islamic finance when, in February, the nation became the first sovereign to price a US dollar green sukuk, amounting to US$1.25 billion, alongside a US$1.75 billion sukuk. The green sukuk offering is part of Indonesia’s vision to reduce its reliance on hydrocarbon resources to power the economy. The proceeds will be used to finance eligible projects, ranging from renewable energy to waste management. Indeed, Islamic finance should provide an additional pool of liquidity to fund the country’s infrastructure projects, which are the cornerstone of the national government’s development plan.
28 November 2018
Jakarta, Indonesia
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CONSULTATIVE MEETING ON THE DEVELOPMENT OF AN AFRICAN STRATEGY FOR OCEAN GOVERNANCE

At the Fifteenth Session of the African Ministerial Conference on the Environment (AMCEN) in 2015, African Ministers of Environment agreed to develop a governance strategy, in accordance with the United Nations Convention on the Law of the Sea and regional seas conventions, on oceans and seas in Africa for the effective management of the region’s shared maritime resources and call for a regional conference to address the matter. Further decisions were made at the subsequent meetings of the Conference on this issue.

At the 7th special session of AMCEN in Nairobi in September 2018, member states urged African states to promote the growth and development of the regional ocean sector in a sustainable blue economy pathway and support the mainstreaming of aquatic biodiversity in all productive sectors with a view to sustainably harnessing the blue economy.

In response to those decisions, the United Nations Environment Programme, as the secretariat for AMCEN, carried out background studies to assist member States in developing an African Ocean Governance Strategy. Against those background studies, a meeting to discuss the development of the Strategy will take place at the UN Environment headquaters in Nairobi, Kenya, from 29 to 30 November 2018.

 

29-30 November 2018
Nairobi, Kenya
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GLF BONN 2018

Actors from across a wide diversity of sectors, backgrounds and countries will come together at GLF Bonn 2018 to explore how to move from commitments and pledges on sustainable landscapes to implementation. From investors to indigenous groups, from policy makers to farmers and youth, all key stakeholders will learn from each other, share success stories and work together to put into action practices and policies that move landscapes towards a sustainable future. Supported by the German government and key partners, the GLF event will attract more than 1,500 participants as well as millions more for the online edition.
1-2 December 2018
Bonn. Germany
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24TH CONFERENCE OF THE PARTIES TO THE UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE

The UN climate summits, called the UNFCCC COP (Conference of the Parties) are global conferences, in the course of which action for climate policy is negotiated.

This year’s summit will include the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24), the 14th Meeting of the Parties to the Kyoto Protocol (CMP 14) and the Conference of Signatories to the Paris Agreement (CMA 1).

About 20 thousand people from 190 countries will take part in the event, including politicians, representatives of non-governmental organizations, scientific community and business sector.

2-14 December 2018
Katowice, Poland
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2018 INTERNATIONAL CONFERENCE ON CONTROL, ELECTRONICS, RENEWABLE ENERGY, AND COMMUNICATIONS

This conference provides an international forum for researchers, academicians, professionals, and students from various engineering fields and with cross-disciplinary interests in control, electronics, renewable energy, computer engineering and communications to interact and disseminate information on the latest developments. The conference will include technical sessions, tutorials, and technology and business panels.

5-7 December 2018
Bandung, Indonesia
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Enhancing the Capacity of the Developing Country Parties for NDC Implementation in the Context of Paris Agreement

The international conference is dedicated to enhance the capacity of developing country Parties by addressing climate finance and climate policy issues, particularly in Asia and the Pacific, and leveraging non-state actors’ roles in NDC implementation. The conference aims to provide a forum to share ideas and lessons learned among policy makers, the business community, organisations and researchers from around the world, particularly from Asia-Pacific countries, on recent developments in various aspects of climate finance, climate policy, and non-state actors’ roles.

19 December 2018
Jakarta, Indonesia
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